Welcome to January folks! Last month we saw another $1B flow into Digital Asset projects. This was significantly lower than ever before but still it reached $1B. I am not sure we will see this continue into 2023. The biggest raise last month was Crypto trading firm Amber Group raised $300M Series C after the FTX contagion; I wonder if that will come to past?
Total: $2.917B
- Dogecoin Backer Launches New 5,000,000 ($360K) DOGE Development Fund To Support Ecosystem (TDH) [05]
- Borderless Capital backs cultural heritage platform Quantum Temple: $2MM (TB) [12]
- FalconX, Bitmex founder Hayes invest $2.1M in market maker Elixir amid dearth of providers (TB) [17]
- Metahood Raises $3M to Build the Zillow of the Metaverse (Decrypt) [18]
- Web3 Social Wallet Tribes Launches With $3.3M in Funding (Coindesk) [23]
- Diva closes $3.5M seed round for distributed liquid staking protocol (TB) [17]
- DeFi Liquidity Protocol Squid Raises $3.5M Round Led by North Island Ventures (Coindesk) [31]
- Circle Ventures Backs $4M Round for Blockchain-Based Debt Provider Obligate (Coindesk) [19]
- Neopets Meta raises $4M in funding from Polygon Ventures, Blizzard Avalanche (TB) [19]
- Pfizer Ventures backs decentralized science startup in $4.1M round (TB) [30]
- Web3 credential protocol Gateway raises $4.2M (TB) [19]
- Sui-based wallet raises $4.2M led by Gumi Cryptos and Boldstart (TB | Coindesk) [26]
- Y Combinator leads $4.3M round for multichain wallet Cypher (TB) [19]
- Crypto Recovery Specialist Asset Reality Raises $4.91M to Hire Engineers, Expand Ops (Coindesk) [24]
- Aptos-based multisig wallet Msafe raises $5 million led by Jump Capital (TB) [05]
- Ex-FTX US Head Raises $5M for Startup Months After Exchange Collapse (Coindesk) [20]
- Venom Ventures Fund makes $5M strategic investment in Everscale blockchain (TB | Finbold) [31]
- DeFi startup Quasar Finance raises $5.4 million at a $70 million valuation (TB | Coindesk) [11]
- Hollywood in Web3: StoryCo Raises $6M to Decentralize Storytelling (Coindesk | TB) [26]
- Alkimiya raises $7.2M to build 'decentralized capital markets for blockspace' (TB | Coindesk) [12]
- Blockchain Scaling Project Sovereign Labs Raises $7.4M in Seed Round (Coindesk | TB) [30]
- Viola Ventures and Fabric Ventures back Addressable’s $7.5M raise (TB) [31]
- Private sharding startup Calimero Network raises $8.5M (TB) [23]
- Crypto security startup Hypernative raises $9M seed round (TB | Coindesk) [30]
- Seven Seven Six leads $9.5M Series A for digital fashion brand Syky (TB) [18]
- Web3 infrastructure firm Spatial Labs raises $10M in 'first' for Black founder (TB | Coindesk) [26]
- Blockchain security firm Sec3 raises $10 million in seed funding (TB) [31]
- Polygon-backed web3 gaming platform Intella X raises $12M ahead of Q1 launch (TB) [17]
- Ethereum Startup Obol Labs Raises $12.5M to Decentralize Validators (Coindesk | TB) [17]
- The Easy Company secures $14.2M funding for new crypto wallet with social features (Cointelegraph) [10]
- Crypto market maker CyberX raises $15M led by Foresight Ventures (TB | Blockworks) [12]
- Framework Ventures leads Parfin’s $15M raise to provide web3 rails in LatAm (TB | Coindesk) [17]
- ZK proof startup Ulvetanna raises $15M in seed funding (TB) [19]
- MEXC launches $20M ecosystem fund to support Sei Network (Cointelegraph) [04]
- Nic Carter's Castle Island Ventures Backs New Crypto VC Firm with $20M (Coindesk) [31]
- ZK tech developer Nil Foundation raises $22M at a $220 million valuation (TB | Coindesk) [19]
- 3AC founders Zhu and Davies pitch to raise $25M for new crypto exchange; Wintermute distances itself (TB | EWN | Coindesk) [16]
- Castle Island, a16z founders back Escape Velocity's $25M fund (TB) [20]
- Africa Web3 games publisher Carry1st raises $27M (Cointelegraph) [17]
- Tech Veteran-Backed Web3 Social Platform Plai Labs Raises $32M in Seed Round (Coindesk) [19]
- NFT startup Candy Digital raised $38.5M at the start of this year (TB) [20]
- Flashbots seeks up to $50M at a billion-dollar valuation (TB | Coindesk) [19]
- SSV DAO Starts $50M Fund to Push Ethereum's Decentralization Plan (Coindesk | Cointelegraph | CryptoPotato) [19]
- Mythical Games eyes $50M raise, launches enhanced NFT-gaming marketplace (TB) [25]
- Blockchain developer QuickNode raises $60M at $800M valuation (Cointelegraph | TB | Decrypt) [24]
- Blockstream raises $125M to finance expanded Bitcoin mining operations (Cointelegraph | Bitcoinist) [24/25]
- Pantera, Kraken, and Others Join Consortium for Injective Labs’ $150M Fund (CryptoPotato | Coindesk | Cointelegraph | TB) [25]
- Hong-Kong investment fund raises $500M to push mass adoption in Web3 (Cointelegraph) [17]
- HashKey Capital Raises $500M for 3rd Crypto Fund (Coindesk | TB | Blockworks) [17]
- Abu Dhabi-based Venom Foundation launches $1B fund for Web3 and blockchain (Cointelegraph | TB | Finbold | TB | Cryptonews) [11/18]
Other News
- 2023 could be a rocky year for crypto venture investments: Galaxy Research (Cointelegraph) [06]
- Funding Wrap: 2023’s First Crypto Startup Raises (Blockworks) [06]
- HashKey Capital named as one of the key VC firms in the crypto industry (Finbold) [18]
- Andreessen Horowitz gaming partner James Gwertzman exiting VC firm (TB) [18]
- A16z leads Series A funding for game studio Voldex (TB) [24]
